Billion-Euro Bailout A400M Military Transport Plane Saved in Seville

For a while, it looked like the Airbus A400M transport plane was going to end up on the drawing room floor. But several European countries that have ordered the plane backed a deal on Thursday covering 3.5 billion euros worth of cost overruns. Airbus Military say the first planes will be delivered in late 2012.
A deal to finance cost overruns on the military transport plane A400M was signed in Seville on Thursday.

A deal to finance cost overruns on the military transport plane A400M was signed in Seville on Thursday.

BEN STANSALL/ AFP
cgh -- with wire reports
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